I Tried Selling My Gold & Silver In Little India NYC - I Wasn't Expecting This!

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  • Опубликовано: 3 ноя 2024

Комментарии • 185

  • @shaunsprogress
    @shaunsprogress 9 месяцев назад +31

    How has silver lost it's industrial value? Industrial use is up like 20% over last few years, and mining output is dropping.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +7

      Yeah, I don't know what he meant by that. It still has plenty of industrial value. I would argue that it has lost some of the speculative investment value to cryptos for the people that are looking to get rich quick.

    • @mysterybuyer3738
      @mysterybuyer3738 9 месяцев назад +15

      It hasn't, the guy was just saying stuff. Industrial use is up.

    • @Tilor-vp6lm
      @Tilor-vp6lm 9 месяцев назад

      🤷

    • @rudeawakening3833
      @rudeawakening3833 9 месяцев назад +3

      He is WAY OFF !
      The premiums DO drop when times are hard and everyone is temporarily running into local coin shops SELLING for cash ; so by default , less are buying .
      His comment on silver as a bad investment is CONTROLLED and written off the COMEX AND LBMA . Those are paper contracts and derivatives market on Wall Street - NOT your local yokel coin store …

    • @juliawei8990
      @juliawei8990 9 месяцев назад

      Yep !@@rudeawakening3833

  • @johnclark9908
    @johnclark9908 9 месяцев назад +5

    Back on the road again. Good video people need to see what they are getting into. Prices in PM's are going to rise but there may come a time when LCS may only offer melt. See how it goes. One form of gold that is still selling has high premiums but low consumer prices. Easy to store. It's been a good seller low profit margins per, but people like to buy in quantity.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +3

      Thank you. I want people to see the real world prices they offer when you sell. Hopefully it will make the think twice about buying high premium silver or gold.

  • @ahayahshouse5344
    @ahayahshouse5344 9 месяцев назад +7

    Gold (IMHO) are neither an investment nor insurance, they are an asset vehicle to store wealth outside of the financial system...

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +7

      Storing wealth not based on debt is a form or insurance in my view. Whatever you want to call it, having gold helps me sleep at night.

    • @silvermine2033
      @silvermine2033 5 месяцев назад

      Ammo is a better investment than gold!

  • @richdeal7338
    @richdeal7338 9 месяцев назад +6

    Geesh...The Silver Eagles...Waaaay below spot....Your videos are VERY Informative...Reflects the Reality of Buy and Selling.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      Thank you. I'm glad you liked them. What is strange is that he offered me melt for the Morgan, but only offered about 14% under melt for the American Silver Eagle.

    • @richdeal7338
      @richdeal7338 9 месяцев назад +1

      I played every reason in my head why he would do that. The only thing i can think of and even I believe it is false is that maybe "indians" acknowledge or accept junk silver over Eagles....But even that does not sound right@@FinanciallyAware

    • @fjm1061
      @fjm1061 9 месяцев назад

      To Indians 😂

    • @rogerkinard7446
      @rogerkinard7446 9 месяцев назад

      @@richdeal7338I would assume the dealer is selling the 🦅American Silver Eagles🦅 to a bullion dealer or coin shop for spot (melt value) or a $1.00-$2.00 premium over. 🤔

    • @geckster109
      @geckster109 9 месяцев назад +2

      I'll take $100k worth of ASE's right now at 14% under. Yes, Im serious.

  • @josephsantarcangelo9310
    @josephsantarcangelo9310 9 месяцев назад +5

    Way to go Nick, this reminds me of the book The Richest Man in Babylon

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      That is a good book. Keep things simple. Spend less than you make. Save and invest the rest.

  • @Wess-S
    @Wess-S 9 месяцев назад +4

    The green card JM ounce is highly collectible, rare and carries a high premium. I sell online. Going to shops is not worth it unless you are in a bad spot. Stack bullion, stack collectible, stack historical and stack crypto.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      The JM was at least about 15 years old or more. I looked at Ebay and some sold with maybe a $100 premium or more but with 12% Ebay fees it is not worth it.

    • @Wess-S
      @Wess-S 9 месяцев назад

      @FinanciallyAware damn, premiums on them have gone down. I'd still sell something else before I sell any of my vintage JM or engelhards. Great video, nonetheless.

  • @ricks7432
    @ricks7432 9 месяцев назад +4

    Costcos sells gold bars and can't keep them in stock. Silly thing is they charge sales tax. Mi is 6 %. It costs extra to pay with a credit card at many places. Lots of things people do not think about.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +2

      I would not buy in any state that charges sales tax. Save up some money and travel to a state where you can buy without it.

    • @StarStacker-hf3iz
      @StarStacker-hf3iz 9 месяцев назад +1

      I love costco but wouldn't buy gold there regardless. Recommend a reputable shop or dealer.

    • @antejl7925
      @antejl7925 8 месяцев назад

      Got to Venezuela Night ladies love silver.

  • @joeterra.t
    @joeterra.t 9 месяцев назад +9

    Great video!
    The first two probably thought you were an undercover cop trying to bait them or maybe they thought you got your silver and gold "off the docks". 😂

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +2

      "off the docks" 😂

    • @seemev2.0phuckbootube78
      @seemev2.0phuckbootube78 9 месяцев назад

      Off the docks 🤣 Yo Rocky

    • @bc_usa
      @bc_usa 6 месяцев назад

      ​@@FinanciallyAwareHe said off the docks 😂😂😂😂😂😂

  • @stevenrowlandson9650
    @stevenrowlandson9650 9 месяцев назад +2

    Last time a dealer offered to buy my silver he wanted a 50% discount. There was no deal. The problem isn't silver, the problem is market insiders.

    • @davt8615
      @davt8615 9 месяцев назад

      That's exactly it the same ones manipulating the silver Market are the same ones buying it all up!
      I wouldn't sell anything currently.
      But I'm not buying a lot either, the premiums are a joke here in the UK

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Shop around. A 50% discount sounds like what a pawn shop would offer.

  • @Ontario100
    @Ontario100 9 месяцев назад +2

    Great Video. Really appreciate the behind the scenes information!

  • @SilverStruck
    @SilverStruck 9 месяцев назад +2

    It's good to consider an exit strategy when buying PM's for this very reason, you'll know what to expect when selling. Thank you for the video, well done.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      Thank you. That is why I do these. It may make people think twice about paying 30% premiums or more on some silver if they know they will not get that back when they sell.

  • @glenh4971
    @glenh4971 9 месяцев назад +3

    I live am retired and live in Panama. I use a private vaulting service. We do not have places in Panama where we can buy gold and silver per se. The pm market is not liquid in Panama. Precious metals do not have much value here locally. My metals would have to be sent back to the US to be sold. The dollar is King in Panama. God help me if I had to sell my pm for cash here because of an emergency. No one wants it locally. Your advice is good. Buy pm as insurance. Right now is a good time to buy metals if you have a long term plan but its a bad time to sell it.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      I think about that problem if I were to move out of the US. I would have probably spread my stash between a few vaulting services that let you sell to them and buy from them from your computer. I don't know that I really trust them is the SHTF. Have you looked at the state of Texas gold depository? I might look into that.

    • @mysterybuyer3738
      @mysterybuyer3738 9 месяцев назад +1

      What are they all going to do when the dollar has no value?

    • @glenh4971
      @glenh4971 9 месяцев назад

      @@FinanciallyAware I use a vaulting service in Panama that caters to Xpats.

  • @johnmcminn9455
    @johnmcminn9455 5 месяцев назад +1

    Great video! I don't know if i'd let the sun get to low round those parts tho

  • @nicolasrossi5978
    @nicolasrossi5978 9 месяцев назад +1

    Thank you. Very interesting information. What about offering a coin shop the Morgans ,as at least they might have some degree of numismatic interest then, that creates some further premium? Or are your Morgans strictly bullion items, i.e. overly worn or common date material?

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      I didn't really want to sell them. They are not cull, but they are not pristine either.

    • @nicolasrossi5978
      @nicolasrossi5978 9 месяцев назад

      O.K. I get that. @@FinanciallyAware

  • @Toaster1043-xsz
    @Toaster1043-xsz 9 месяцев назад +2

    Most people shouldn’t buy precious metals to turn around and sell them. Now is a good time to buy since premiums are low. Buy and hold and only spend as much as your budget allows. Don’t over do it. Dollar cost averaging is key.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +2

      Good advice. I don't advocate buying and selling soon after. I only say that to illustrate how much you would lose if you sold these high premium coins after you bought them.

  • @twisttwister8254
    @twisttwister8254 9 месяцев назад +4

    Next time perhaps a comment on Platinum.

  • @shauncorless8965
    @shauncorless8965 9 месяцев назад +2

    I managed to sell usa eagle,s at a coin show in Scotland ,about 28 dollers each ,£23 in English money ,its a long wait as we taxed at 20%.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      You payed a 20% tax to the dealer when you sold it?

    • @shauncorless8965
      @shauncorless8965 9 месяцев назад +1

      @@FinanciallyAware no I bought in at £17 a coin ,that's with tax ,and premium, s a few yrs ago sold for £23 made a bit but it's a long wait ,,no tax on gold here

  • @tgurlamber5874
    @tgurlamber5874 9 месяцев назад +7

    Silver and gold are not investments. It is insurance. However, you did a great job on your content. Thank you. Keep stacking. ❤

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      I see it as insurance also.

    • @tgurlamber5874
      @tgurlamber5874 9 месяцев назад

      @@FinanciallyAware 👍

    • @Fr.VeniceLAI
      @Fr.VeniceLAI 9 месяцев назад +1

      Physical Gold is not a good short-term investment, it has to be held over several decades and likely to be treated more as heirloom, or to be sold only in times of dire needs for CASH. Personally, i have never sold any Gold (which is God's blessing, since no dire needs for CASH) ... and still have my first 2x Maple Leaf gold coins bought back in 1986.

    • @curtisrandolph1887
      @curtisrandolph1887 9 месяцев назад

      Same here . Feels like insurance. It’s all about feelings.@@Fr.VeniceLAI

  • @elicrutchfield9588
    @elicrutchfield9588 9 месяцев назад +1

    And look that fast premiums are already starting to go up there's been a couple videos about it already. Coin huskers just made a video about it

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Maybe, but the spot price is not moving much yet.

  • @alangrund5031
    @alangrund5031 9 месяцев назад +2

    Good video and information. Interesting area you walked in. Gold and silver are nice as a part of one's portfolio, but people that put a large percentage of their wealth in precious metals are making a poor choice.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      I agree. You should not have most of your money in PMs.

    • @lucashood9265
      @lucashood9265 9 месяцев назад +1

      Poor choice buying something that's by a form of currency for humanity since money was thought of. At least until the last 50 yrs. I'll buy yours if you'll sell

  • @lucashood9265
    @lucashood9265 9 месяцев назад +2

    You should try selling it to JP Morgan and China or even Russia. I hear their buying as much as possible this year

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      At least gold is close to the highs, unlike silver.

  • @NTSCuser
    @NTSCuser 9 месяцев назад +1

    I misread the header as "Indiana" LOL! 😂

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Haha, there is definitely no Little Indiana in NYC.

  • @pmgfineart
    @pmgfineart 9 месяцев назад +1

    No sir, you can sell to big online dealers and get more for your gold and silver. You can get more than spot all day long.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +2

      Which online dealers are paying spot for gold bars?

    • @pmgfineart
      @pmgfineart 9 месяцев назад

      @@FinanciallyAware SD Bullion, money metals exchange, Pemberton, check around you will definitely find better deal. Especially on social media like reddit, FB, IG, and I would look into actual coin shops not the " We buy gold and sell chicken and car stereos out the back type places. I can't speak to whats available in other countries but currently in the US there is no need to sell below or even at spot. Too many legit outlets available here. I Definitely appreciate your in the field reports.

  • @jp8950
    @jp8950 9 месяцев назад +1

    It’s amazing just how backwards everything is.

  • @don951
    @don951 9 месяцев назад +1

    With gold being so high right now it is a good time to take some profit. Gold has never been able to hold $2000, so the odds are it won't again. Cheers!

    • @rudeawakening3833
      @rudeawakening3833 9 месяцев назад +1

      Wow …
      Central banks are stockpiling physical gold GLOBALLY .
      The new BRICS+ nations are putting together a gold backed currency to kill the US dollar !
      Gold going down ?
      Think and go investigate what I said here .
      No disrespect .

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      I did not think gold would hold the jump above $2000 after the Gaza war. I am surprised it hasn't dropped back below $2000. As for silver, it seems to not be holding pace with gold at all.

    • @rudeawakening3833
      @rudeawakening3833 9 месяцев назад

      @@FinanciallyAware
      I know ! I check the price of silver like 46 times a day …
      What’s the problem with silver ? What is your take on it in 3-5 years from now ?

  • @demri123
    @demri123 9 месяцев назад +2

    Gold offer was reasonable.
    1% gap. Maybe he sells 5% over.
    Gives him a 6% margin
    Silver offer was terrible

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      Yeah, I think the gold offer was ok. He probably knows he can resell it locally. The coins he probably figure he would have to wholesale it.

  • @hunterfalck235
    @hunterfalck235 9 месяцев назад +1

    you go to canal street, the gold shops compete with each other.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      I already did a video there. You can see it here: ruclips.net/video/-rV0ZXy1XEU/видео.html

  • @pranksterguy1
    @pranksterguy1 9 месяцев назад +1

    Thank you!

  • @HappyHermitt
    @HappyHermitt 6 месяцев назад +1

    Ive been considering silver.
    Thanks..

    • @FinanciallyAware
      @FinanciallyAware  6 месяцев назад

      If you decide to buy, always try to buy as close to the spot price as you can.

  • @Multisportamateur
    @Multisportamateur 9 месяцев назад +1

    1% below spot is excellent. I would unload all of my (8) gold pandas right now.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      You might get spot for Pandas in Chinatown.

  • @joanndiaz3425
    @joanndiaz3425 9 месяцев назад +1

    Good video, thank you. 😊

  • @twisttwister8254
    @twisttwister8254 9 месяцев назад +1

    Good stuff. Thanks

  • @franklinmartin8103
    @franklinmartin8103 9 месяцев назад +1

    That US probably the worst place to sell gold or silver. One thing about the Hundi's, they are fine people and they network. Even if privately they don't get along, they still network and all work together. ( This isn't to say they are bad, not at all, as I said most are very good people. They work hard and value precious metals greatly) You WILL get low balled. They WILL not offer you spot, no where near spot.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      That's what I was expecting, but the price he offered for gold was very fair I thought especially since premiums are down on gold right now. The silver offer for the ASEs wasn't very good though.

  • @MarkMphonoman
    @MarkMphonoman 9 месяцев назад +1

    Good video. Thanks.

  • @MarkMphonoman
    @MarkMphonoman 9 месяцев назад +3

    We should all follow India’s lead and give Gold the respect it deserves.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      The Indian government doesn't respect gold, only the people do.

    • @MarkMphonoman
      @MarkMphonoman 9 месяцев назад

      @@FinanciallyAwareOk. 👍

  • @israelrodriguez4718
    @israelrodriguez4718 9 месяцев назад +2

    Good time to buy

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      If you are going to buy, try to buy from a private seller. You might get spot price or even a little less.

  • @cherokeefit4248
    @cherokeefit4248 9 месяцев назад +3

    We have a little Indian in My city and it sucks lol

  • @andreavandekleut6379
    @andreavandekleut6379 9 месяцев назад +1

    it's good info a lot of people think they will be able to carry a family in stressed times but 19.75 is NOT gonna do that , unless you ahve a vault off of it , and go to the coin shop with a wheelbarrow full each week LOL.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Yes, no matter how much of a silver stacker you are, you have to admit to yourself that it has not kept pace with the inflation we are seeing. Some people want to deny it.

  • @timothythompson4036
    @timothythompson4036 9 месяцев назад +1

    Great video.

  • @bc_usa
    @bc_usa 6 месяцев назад +1

    Interesting results 🤔 👍

  • @FatherDuck80
    @FatherDuck80 8 месяцев назад +2

    I paid $2 over spot for American eagles silver all 2024’s

    • @FinanciallyAware
      @FinanciallyAware  8 месяцев назад +1

      Nice price.

    • @DrSchor
      @DrSchor 5 месяцев назад

      Irrelevant. What can you sell them for is the point

  • @joeshmoe4671
    @joeshmoe4671 9 месяцев назад +1

    Didn't buy my metals for trade, but as a hedge against the dollar crashing.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Me too, but you will have to sell at some point or may have an emergency need to sell some. I want to show people the reality of the sell prices so that they make sure they don't overpay on high premium stuff when they buy since they will most likely not get the premium back when they sell.

    • @joeshmoe4671
      @joeshmoe4671 9 месяцев назад

      @@FinanciallyAware Hopefully, all my metals will be an inheritance for my kids, which they might end up selling.

  • @CosimoMedici1389
    @CosimoMedici1389 9 месяцев назад +2

    Can I ask how they pay? In cash?

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      They pay in cash. If you wanted a check, they probably offer that also.

    • @CosimoMedici1389
      @CosimoMedici1389 9 месяцев назад

      @@FinanciallyAware Thank you very much!

  • @scottboyington9768
    @scottboyington9768 8 месяцев назад +2

    I LEARNED DO NOT BUY SILVER PERIOD

  • @Slim1962
    @Slim1962 9 месяцев назад +1

    Unless you’ve held on to gold for a few years then sell your going to lose or break even you have to have gold for 10 years or longer to come out ahead. Silver is way way worse. This isn’t financial advice

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Yes, an investment should perform every year. Silver has not done that. Getting nothing for 15 years while inflation goes crazy is not a good investment in my opinion. Btw, I still hold silver. Not all investments work how you think they will. Diversify.

  • @SilverGoldStackAttack
    @SilverGoldStackAttack 9 месяцев назад +1

    The very reason peer to peer selling is the only way to go, if you have the time.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      I agree. It is hard to do though. People are willing to get a worse price for convenience.

    • @SilverGoldStackAttack
      @SilverGoldStackAttack 9 месяцев назад

      @@FinanciallyAware - Yup. Plenty of legit forums out there, if they’d take the time, and do a little vetting.

  • @DA-ev1jb
    @DA-ev1jb 9 месяцев назад +1

    This is what will stop people from stacking bad taste in the mouth which will drive prices lower.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      They should have a bad taste in their mouth if they are paying 30% over spot for silver when they can only get spot or less when they sell it. I am trying to get people to understand this.

  • @cityofjoy8830
    @cityofjoy8830 9 месяцев назад +3

    Silver is worthless...never bet on it.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      As a holder for close to 20 years, It sure looks that way.

    • @johngoldsworthy7307
      @johngoldsworthy7307 6 месяцев назад

      😂 it will never go to 0, just saying, so it will never be worthless.

    • @johngoldsworthy7307
      @johngoldsworthy7307 6 месяцев назад

      I will say, the dollar is worthless, it's fake and dept.

  • @FatherDuck80
    @FatherDuck80 8 месяцев назад +3

    Indian Gold is bright because it’s 18kt and 14kt but plated with a 22kt gold wash

  • @redkrawler
    @redkrawler 9 месяцев назад +1

    India buys jewelry that 24k no copper 😂

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      24K is very soft. They add copper and silver to make 22K so it is stronger.

  • @none-ih3cv
    @none-ih3cv 9 месяцев назад +1

    Hi, I am trying to get you to sell your silver cheap so there is more for us to buy before the Dollar is reassessed.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      People have been saying that since 1971. Don't bet all your money on that happening. Diversify.

  • @nonameanon9368
    @nonameanon9368 9 месяцев назад +1

    See what happens when u try to sell rhodium lol hahaha

  • @martintheguitarist
    @martintheguitarist 9 месяцев назад +1

    In these days even standard coins are just collectibles. If you have money you buy bars. If you are buying coins because you can't afford bars then you should first learn to save. Coins are practical in Africa or some other third wold country where there is no wealth. Western countries would have to sink to that level for coins to make sense. It can happen but not overnight. Look how long it's taking for Japan. They were top 5 30 years ago and sank only to Cyprus' level so far.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      Yes, empires end with a whimper, not a bang. The paper asset game appreciates much faster than PMs. Have some PMs as an emergency fund or diversification, but don't bet your future on it. People are mixing PMs with the hobby of collecting or cool art designs. Don't treat them like Yugi -oh cards or something. It is just an alternative investment. Get your desired allocation and focus on making money in your career or business.

  • @DiggNitty
    @DiggNitty 9 месяцев назад +1

    Time to buy silver!🙂

  • @mosheshamir2161
    @mosheshamir2161 7 месяцев назад

    Instead of buying two big mac combos and help to pay their CEO salary of maybe $68 million a year I am taking the money and buying a one ounce silver coin and putting it away.

    • @DrSchor
      @DrSchor 5 месяцев назад

      He gets paid 19.2 million. Where did you get your figure from? If you don't get a burger , what are you going to eat, or is your plan to die of starvation to get a few silver coins? thanks for explaining..

  • @fjm1061
    @fjm1061 9 месяцев назад +4

    No one is getting my metals for spot. These people are thieves. Shop around.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      I thought it was an ok price, but yes if I was selling a lot, I would shop around more and try to get spot.

  • @silver-en7kl
    @silver-en7kl 9 месяцев назад +5

    The dollar is still king, gold and silver are manipulated down and boring. I recommend stacking gold and silver for insurance, stack em and hide them, don’t worship them, they are simply a financial tool and in this corrupt system they have performed very poorly, especially silver.

    • @seemev2.0phuckbootube78
      @seemev2.0phuckbootube78 9 месяцев назад +1

      False information. Gold had a bigger gains percentage wise than all of the markets

    • @silver-en7kl
      @silver-en7kl 9 месяцев назад +3

      @@seemev2.0phuckbootube78 true inflation is 25 plus %. Gold rose 13.5% in 2023 and silver dropped in value by 5%. Just the facts my friend, I love the truth. Your statement is based on emotion more than truth.

    • @seemev2.0phuckbootube78
      @seemev2.0phuckbootube78 9 месяцев назад +1

      @silver-en7kl i said markets not inflation. Dude, the same people who are driving the price down are also stacking both gold and silver. Why? They don't want you to have it when it comes to revaluation of gold. Central banks have been buying tons of it so it's not on emotion. Gold is up tad over $400 per ounce since last fall 2022. Silver is also up and has found a new floor, which means higher prices are coming. Watch and learn son🤣 the first rate cut gold spikes. Silver will hit over $32 this year. Look ahead of times not the now my friend.

    • @sirstoic1187
      @sirstoic1187 9 месяцев назад +2

      Yep. Bullion only. No coins for me

    • @bbustin1747
      @bbustin1747 9 месяцев назад +1

      How are those dollars you stashed under the mattress the last 20 years ? 😂

  • @duxburyrealestate
    @duxburyrealestate 9 месяцев назад +1

    The recession is here

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      That's what I thought, but it seems no one told the stock market yet.

  • @davidlanham99
    @davidlanham99 9 месяцев назад +1

    Gold and silver are something you hoard while it’s cheap now, you don’t sell it lol.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +2

      You will have to sell some time. Better to understand that the premiums you paid when you bought will not be realized when you sell.

  • @jeffs.9299
    @jeffs.9299 9 месяцев назад +1

    Thanks for doing the footwork 🏅you are always better off selling the morgans at a local coin shop my experience👍🏼

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Yes, I believe you are right.

    • @joeterra.t
      @joeterra.t 9 месяцев назад

      And if that doesn't pan out, you can always sell your organs in Little Italy.

  • @marialangley5528
    @marialangley5528 9 месяцев назад +1

    Hi. I really enjoy your shows. Crypto col

  • @markweaks2239
    @markweaks2239 9 месяцев назад +1

    You are a talented presenter. Im guessing crypto is taking away from metals, for now. Good work.

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      Thank you. You must have overheard me while I did a video on the subject the other day in the Diamond District. 😂

  • @MooseBme
    @MooseBme 9 месяцев назад +1

    GREAT VIDEO!
    However;
    I have done better with precious metals, than I have with:
    "Gift Cards," and other "HAD TO HAVE"
    PILES OF GARBAGE AND "RESPONSIBILITY" LECTURES!

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад +1

      PMs are better than wasting it on useless consumer stuff. Just don't be tricked into paying high premiums because or a fancy design or something. Silver is only worth what the current price is plus a small premium.

  • @willweed6168
    @willweed6168 9 месяцев назад +2

    Spot is 2049 on kitco 🤔

    • @FinanciallyAware
      @FinanciallyAware  9 месяцев назад

      This video was shot on Wednesday. $2028 was the price at the time.

  • @stackboy4691
    @stackboy4691 7 месяцев назад

    Sounds dumb silver is the best

  • @benjaminpettibone4254
    @benjaminpettibone4254 29 дней назад

    Well…… this video didn’t age well at all. If people follow the advice of those conditions back in the beginning of 2024, then they became foolish in their sentiments of precious metals as compared to the fiat/digital system. Never, ever trust fiat. Just use it when absolutely there’s no alternative which even then must be highly considered whether its good to have much of it on hand. When people stay in fiat, they lose. Banksters know this, that’s why the want the people to use it.

  • @mth4849
    @mth4849 9 месяцев назад

    Jesus man, get to it... over half the video was repeated intros.

  • @nadinecarson3259
    @nadinecarson3259 9 месяцев назад

    That’s only because they’re brainwashed & don’t get it.

  • @fjm1061
    @fjm1061 9 месяцев назад

    😂 thieves!

  • @PreciousMetalPirates-vq8me
    @PreciousMetalPirates-vq8me 9 месяцев назад +3

    👍🏽🫡👑🏴‍☠️🪙